5 Steps to align your roles
Christy Maxfield, MBA, CEPA
Helping Business Owners be Exit Ready at All Times | Plan Your Next Chapter Because Life's Too Short to Leave it to Chance
Being a business owner can be…conflicting. Let me explain. I wear at least three hats relative to my business:
I don't like wearing hats.
Yet I wear them and you do, too.
Wearing lots of hats requires coordination and tradeoffs.
The interconnectedness of what your family and business need from you demands that you develop plans for each. Those plans are rooted in your values and aligned to shared outcomes. Operating on parallel paths, your personal and business plans should help you create, protect, and reap the wealth you need to live a life you love.
There are five steps to creating and aligning your family and business plans.
1. Identify
2. Protect
3. Build
4. Reap
5. Reflect
Read more ... to get started!
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ANNOUNCEMENT!
After reading the book 'Walking to Destiny' I was inspired to study for the Certified Exit Planning Advisor (CEPA) credential.
I'm delighted to announce that I'm now a CEPA!
What does this mean for you?
It means I have access to a new array of tools and methods (and a network of professional) that can help us better
- Align your personal, financial, and business goals to create a life you love
- Focus your time, money, and energy on the activities that will de-risk and increase the value of your business for the near and long-term
- Reorient your approach to planning and execution to 90-day sprints that allow you to meet interim goals, maintain focus and momentum, and intentionally evaluate growth strategies in real time
- Prioritize activities that build and enhance business value, i.e. increase the real wealth in your business
- Evaluate how the open market would rank the value of your business compared to your peers
What's going on
November 8 and 9 I attended the inaugural Main Street Summit in COMO. I highly recommend grabbing your ticket for 2024 early!
November 19 is Women's Entrepreneurship Day. Purpose First Advisors is a certified WBE.
November 22-December 1 I will be traveling with my husband to celebrate Thanksgiving and my birthday - the big Five-Oh. I look forward to catching up with you when I return to the office.